There has to be a capital raising soon so the dumping of shares may be in response to a capital raising that appears imminent. Where the shares are now indicates perhaps a 2.2 to 2.5 cents per share raising. Would make sense to sell no and pick them up at a lower price.
Although a good story is being told it doesn't equate to anything of substance unless it generates a cashflow - if the moon was made of pure gold and it costs more to mine and bring back than it has no real value.
The clock is ticking and it keeps ticking. A positive spin may keep shareholders happy in the near term, but until the story sets and has meaning we could all be siting around table in a pub telling yarns.
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Last
77.5¢ |
Change
-0.005(0.64%) |
Mkt cap ! $158.8M |
Open | High | Low | Value | Volume |
79.5¢ | 79.5¢ | 77.5¢ | $2.51K | 3.161K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 74.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
78.0¢ | 752 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 0.745 |
1 | 832 | 0.740 |
1 | 2075 | 0.730 |
1 | 11879 | 0.665 |
1 | 15151 | 0.660 |
Price($) | Vol. | No. |
---|---|---|
0.775 | 803 | 1 |
0.780 | 752 | 1 |
0.800 | 4936 | 2 |
0.820 | 540 | 1 |
0.830 | 10355 | 1 |
Last trade - 14.38pm 15/08/2024 (20 minute delay) ? |
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